In the first three quarters, 299 new expressway and provincial highway projects were started nationwide, with a total investment of 882.6 billion yuan.

In the first three quarters, 299 new expressway and provincial highway projects were started nationwide, with a total investment of 882.6 billion yuan.

November 01, 2022

Fixed assets investment in transportation has maintained a high level.。Among,Investment in highway projects increased significantly in September.。

Gu Zhifeng, deputy director of the Highway Bureau of the Ministry of Transport, revealed at a regular press conference on October 31.,In September, 34 new major highway projects were started nationwide.,The construction mileage is 2132 kilometers.,The investment is 385.3 billion yuan,It accounts for about 43% of the total investment in projects started this year.7%,Annular growth of about 277%。The Ministry of Transport will continue to accelerate the implementation of a number of major highway projects.,Better play the role of major projects as ballast stones for stable economic operation。

“Since this year,Transportation departments at all levels conscientiously implement the Party Central Committee、Decision and deployment of the State Council on expanding effective investment,Take Multiple Measures to Promote the Construction of Key Highways。In the near future,The Ministry of Transport further speeds up the design review and approval work,Strengthen the coordination and dispatch of key highway construction,New progress was made in the construction of a number of major highway projects。”Gu Zhifeng said。

According to introduction,The first three quarters,There are 299 new expressway and provincial highway projects in China.,The total construction mileage is 9645 kilometers.,The total investment of the project is 882.6 billion yuan.。

A series of measures are also taking effect.。Hou Zhenxing, deputy director of the Comprehensive Planning Department of the Ministry of Transport, said.,In the first three quarters, fixed asset investment in transportation maintained a high level.。The data shows,The first three quarters,Investment in fixed assets of transportation completed nationwide 2.7 trillion yuan,Year-on-year growth of 6.3%,Year-on-year growth in the third quarter was 5 percent.7%、The growth rate was 0% faster than that in the second quarter..8 percentage points。Look at it in different ways,The 20573 of highway investment is billion yuan,Year-on-year growth of 10.0%;Completed water transport investment of 112.4 billion yuan,Year-on-year growth of 6.4%。

Construction investment in the transportation sector has become an important starting point for steady growth.。Issued by the State Council《A package of policies and measures to stabilize the economy》After,The Ministry of Transport formulated the implementation plan in time.,Issued in July this year《National Highway Network Planning》。October 24,《Opinions on Speeding up the Construction of the Main Framework of the National Comprehensive Three-dimensional Transportation Network》Officially open,Which proposes that by 2025,The physical network mileage of the main framework of China's comprehensive three-dimensional transportation network has reached about 260000 kilometers.。

In addition,Zhou Rongfeng, deputy director of the Highway Bureau of the Ministry of Transport, revealed at the previous press conference.,Make good use of policy-oriented development financial instruments,The first batch of 300 billion yuan infrastructure investment funds has signed a contract of about 195 billion yuan in the field of transportation.。

“Resonance between capital landing and new construction,Optimistic about the repair of transportation infrastructure growth。”Guoxin Securities analyst Ren He said.,Investment in water conservancy and public facilities continued to accelerate.,It is expected to maintain high prosperity throughout the year.。

Bank of China Securities analyst Chen Haowu also thinks.,The Ministry of Transport is promoting the use of local government special bond funds and policy-oriented development financial instruments.,Continue to moderately advance the construction of transportation infrastructure,It is expected that the steady growth policy in the field of transportation will continue to be effective.。

Source:Author of Shanghai Securities News:Xiangming

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